Resources

Share of homebuyers looking to move cities hits new high

Aug 23, 2023

Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests.

Living Vogue Real Estate names Matthew Hickey CEO

Aug 23, 2023

The luxury brokerage's former chief operating officer now steps into his new role as the company works to expand its market presence. Former CEO Mark Coppens will focus on future plans to franchise, according to the company.

Share of first-time homebuyers hits highest level since 2010: Zillow

Aug 23, 2023

Unburdened by rate lock, the share of first-time homebuyers rose to 50% this year, according to a new report from Zillow. That's the highest share since 2010.

Industry veteran Katie Kossev is Side’s new Texas managing broker

Aug 23, 2023

The Kossev Group founder Katie Kossev will be responsible for helping Side's 60 Texas partners grow their businesses through hands-on coaching and support, the company said.

Homebuyer mortgage demand falls to lowest level since 1995

Aug 23, 2023

As mortgage rates hit new post-pandemic highs on inflation worries, an MBA survey finds applications for purchase loans fell for the sixth consecutive week last week and are down 30 percent from a year ago.

Fueled by deals, new-home sales soar to highest level in 17 months

Aug 23, 2023

New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau.

After setbacks, Better goes public with plan to scale ‘greater heights’

Aug 23, 2023

Following six merger adjustments over two years, Better will go public Thursday with $565 million in new funding and plans to "aggressively" partner with agents as it builds its mortgage production team.

RE/MAX Holdings to lay off 7% of staff by end of September

Aug 23, 2023

The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said in Securities and Exchange Commission filings.

The internet fell hard for real estate in 2021. But can the love affair last?

Aug 23, 2023

Nearly three years after Saturday Night Live declared "real estate is your sex now" in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data.

Lacking momentum? Here’s how to get your groove back

Aug 23, 2023

Creating and maintaining positive momentum is essential for your success. Jimmy Burgess shares how to get back on top in the face of challenges.

Anywhere’s chief product officer: ‘Hallucinations’ are holding back AI

Aug 23, 2023

Should agents, brokers and clients put their faith in artificial intelligence right now? Until accuracy is improved, the answer is a resounding "no," Anywhere Chief Product Officer Tony Kueh told Intel.

Keller Williams cuts profit sharing for agents who fled to competitors

Aug 23, 2023

The franchisor will drastically slash profit share for "vested KW agents who actively compete with our brokerages" unless they return within six months, Keller Williams President Marc King said Tuesday.